omg Money and salary

[jeninflorida]

Why is it that people get so upset about a CEO salary but care less about what some of these professional athletes are earning per year? Personally, I think people are being hypocrites!

K-Rod is about to get $37 million...people need to be just as upset as this as the pay for fred...fanny...GM....why do we have double standards?

what does it cost to attend a baseball game today? where do most teams earn income from tickets or TV? with the drop in advertising, can baseball afford to pay these salaries? (and its all sports in general)

has anyone watched MTV cribs? when you see how some of these people live...does anyone have issues ripping a CD instead of paying for it?

When I see someone dumping a bottle of Crystal on the floor….why should I give them $15.95 for his or her CD?

just something to think about!

happy hump day!

 

[rgraham666]

We're a religious society and our religion is economics.

A person's wealth shows how faithful they are, how close to God.

 

[JAMESBJOHNSON]

JEN

The difference is, IMHO, when an athlete seriously fucks up he's gone with the next contract. They dont keep him around if he gets butter fingers or becomes lame.

If the truth be told, I think that most CEOs are paid according to their ethics. If youre willing to call principal shareholders in the middle of the night and alert them to sell before disaster strikes, you get top dollar.

 

[carrie-on]

I've been saying that for a long time! How in the hell can anyone be justified to make that kind of money for throwing or hitting a ball or tackling another person? The owners wonder why the seats are empty...it's because a lot of people don't want to pay the players and also pay to watch them.

 

[off2bed]

People know what athletes do for the money. What CEOs do is a mystery to the general public. That needs to change.

 

[trysail]

I vote with my dollars (that's what a free market economy is all about).

ALL of the professional athletes ( and that VERY MUCH includes the ginormous racket called the NCAA ) have gotten their very last dollar out of me.

The NCAA ( and "kolledge" athletics ), in particular, is the worst of the worst in terms of hypocrisy. It is an appalling farce. People are not very bright; they scream and hollar about everybody else's compensation then spend Saturdays fawning over $2,000,000 kolledge football/basketball coaches and illiterate "scholar-athletes."

Then, of course, there is the matter of all these publicly-funded stadiums built for the benefit of...

If the whole sports racket wasn't as stupid and expensive as it is, it would almost be hilarious ( but not quite ).

 

[R. Richard]

I worked for a company in San Diego. The CEO was a total degenerate. He took customers into places that only a total degenerate would even know existed and cavorted with scarlet women. [Facts, I was there.] The next morning, we would pry memorandums of understanding, written on cocktail napkins, from his drunken fingers and build what the customer wanted. It was dirty, but fun and profitable. A lot of people had good jobs because of wild boy.

Wild boy left and 'Clean Gene' took over. We lost customers at an alarming rate. We also lost employees at an alarming rate. The company was on its way to bankruptcy, when the board finally got rid of 'Clean Gene.' Unfortunately, the damage was too great and the company is no longer in business.

Do you wonder why wild boy was worth his bloated salary and 'Clean Gene' wasn't worth a damn? You can ask the unemployment people.

 

[jomar]

Professional athletes (and movie stars) make a lot of money because the public is willing to pay to see them do their stuff and buy the things they endorse. We need to be entertained.

I think teachers ought to be paid far more, but they don't bring in revenue. And the news just said the NFL is saying off about 150 of its employees. The only sport that hasn't yet is the NHL. If things continue, you will see pro salaries/endorsements decline.

 

[JAMESBJOHNSON]

JOMAR

I'm ambivalent about teachers.

On the one-hand the best ones are worth their wwight in gold, because a competent teacher oughta be able to slice right thru the bullshit and confusion and make it all perfectly clear. The best ones do this.

I mean, wouldnt it be marvelous to bring your scribbles to someone with the talent to untangle the mess and make the corrections obvious to you?

On the other-hand, I read two articles today with the idea in mind of learning how to scare people. I read both articles 2 times and I dont know any more now than I did when I started reading. The horror teachers arent teachers. In my mind they arent worth whatever they get paid.

 

[jomar]

JAMESBJOHNSON

I understand. You're right that the best ones are worth their weight in gold and the worst do damage. I've seen some godawful teachers.

There's a college in my town that is pretty notorious for graduating people that write the articles you read today. Complete with grammar and spelling errors.

If I were king teachers would earn more money, but they'd have to produce and I could fire them if they sucked.

 

[JackLuis]

JAMESBJOHNSON


If I were king teachers would earn more money, but they'd have to produce and I could fire them if they sucked.

Don't fire the ones that Suck!

 

[JAMESBJOHNSON]

JOMAR

I just read the submissions guidelines for WEIRD TALES magazine. I do think I learned more from those 8 pages than I've learned from 100s of pages of HOW TO WRITE BOOKS. The editors, in fact, discourage some of the recommendations the HOW TO WRITE books make.

My old pal, Richard Feynman, noted that those who know their stuff are able to explain what they know succinctly and simply.

As math teacher Jaime Galante said, "Calculus doesnt need to be made easy, it already is."

 

[Katyusha]

Why is it that people get so upset about a CEO salary but care less about what some of these professional athletes are earning per year? Personally, I think people are being hypocrites!

K-Rod is about to get $37 million...people need to be just as upset as this as the pay for fred...fanny...GM....why do we have double standards?

what does it cost to attend a baseball game today? where do most teams earn income from tickets or TV? with the drop in advertising, can baseball afford to pay these salaries? (and its all sports in general)

has anyone watched MTV cribs? when you see how some of these people live...does anyone have issues ripping a CD instead of paying for it?

When I see someone dumping a bottle of Crystal on the floor….why should I give them $15.95 for his or her CD?

Because people choose to go see these people, watch television, listen to CD's, etc. We could all boycott movies and TV and professional sports and music, and then these people would have no money at all. As disgusting as it is, they're paid what the market will bear.

The difference is that you have all these CEO's and other executives that are getting huge bonuses for running their companies into the ground, and putting their workers out of their homes. You have these people begging Congress for taxpayer dollars and laying off thousands of their employees because "they can no longer afford to pay them," and they're still making millions of dollars themselves.

See why it's NOT a double standard? It isn't the amount of money that people are paid so much as it's the hypocrisy involved in executives saying, "Our companies have no money and require help," but still getting their millions anyway.

 

[3113]

I think, with the way the economy goes, you're going to see athletes' salaries going down. People don't have the money to spend on sporting events, especially given how high the ticket prices have gone. And certainly, there are plenty of people as upset at sports figures salaries as there are at CEO's, but there is an important difference. A person (or persons) owns a sports team and can decide if this or that athlete is worth this amount of money because he'll score points and bring in fans...who will pay the ticket prices and make the owner(s) lots of money. The athlete knows he has a limited number of years that he can earn this salary. He also knows that if he fails to fill those seats, he won't get getting that money again. Or if he get seriously hurt his career will be over. He has to not only do his job and do it well, but he has to take risks for that salary.

This is not to say that it should be that high, but at least the athlete knows that he'd better put in the blood, sweat and tears or it's all over.

The anger at CEO is anger over the fact that they do NOT have to put in the blood, sweat and tears. In the most infamous cases, stockholders who have invested their hard earned money in a company see a CEO who gets paid a huge amount, and bails with a golden parachute even if he did a terrible job. They, the stockholders, end up with a ruined company, their money lost, and the CEO who destroyed them walks away with all this money. Now wouldn't that tick you off? Shouldn't a CEO, like any other employee, like that sports figure even, be paid a minimal amount and get more ONLY if he proves himself worthy of making the company a huge success? And shouldn't he be fired without more pay if he does badly? And I don't mean make one or two mistakes, I mean if he runs things so poorly the company fails.

Sports figures, even if they earn a lot, know that the ride is over if they don't put in the effort. They have a personal stake in making sure they succeed. After all, there's always someone younger and even more hungry for fame to take their place if they blow their opportunity at being a star. CEO's think they're golden no matter what they do...and too often, they're right. They pay no price if the company fails. CEO's need to be given a reason to worry and sweat and want, desperately and personally want the company to succeed.

 

[rgraham666]

I'm remembering the story you wrote with just that theme, 3. One of my favorites here on Lit.

 

[3113]

I'm remembering the story you wrote with just that theme, 3. One of my favorites here on Lit.

Ah, shucks darn.

 

[JagFarlane]

what does it cost to attend a baseball game today? where do most teams earn income from tickets or TV? with the drop in advertising, can baseball afford to pay these salaries? (and its all sports in general)

1) Depends on the seats and team. A bigger known team, say the Yankees, will charge quite a bit more than say the Florida Marlins. But, tickets are just the beginning, you also have parking fees, as well as overpriced stadium food, perhaps memorabilia. Tickets can go as low as $10 a piece for the way in the upper deck seats, but, with everything else, for two, don't be surprised if it runs ya over $100 for two easily. Football tickets will be much more than other sports, just for the fact that there are only 16 regular season games vs the couple hundred games MLB plays.

2) Multiple sources. Ticket revenue is important in its own right, however you'll get teams like the Yankees, who own their own TV station. You also have all the advertising revenue, the revenue from memorabilia, parking fees, vendors renting space, and another huge biggie, from all the team items sold through stores/online.

3) Football and NASCAR are still the top two sports in the USA, and each game/race draws huge numbers. As much as advertisers would like to avoid the fees, the high ratings will draw them like kids to fresh baked cookies. MLB is going to hurt eventually, their ratings are slowly going down, and this past World Series had the worst ratings yet. Time will tell with them, I could see it hurting the smaller market teams. Teams like the Yankees, Red Sox, and Braves won't be overly hurt by this due to their large fan base.

Overall I've been saying these salaries are ridiculous in size, the NFL currently has a salary cap in place. MLB does not. The problem is, where do you think the money should go? More than likely...if the athletes made less...it would just line the pockets of managers.

 

[Liar]

Why is it that people get so upset about a CEO salary but care less about what some of these professional athletes are earning per year? Personally, I think people are being hypocrites!

Because athletes don't have the power to downsize, outsource or cut your salary. The CEOs' pay comes directly from the work of the employees. (A bit simplified, but that's how it's generally viewed.) But the employer have no choice in the matter.

The athletes' pay comes from the same workers, but in their role as consumers. If the people buy tickets to games, or the products that the sponsors sell, it's still indirectly money from their work, but then it's their choice to give it away.

That's the difference. It's not a question of money per se. It's a question of control.

 

[rgraham666]

Ah, shucks darn.

I wish you wrote more. I love your stories, even the ones that aren't quite to my taste.

 

[Le Jacquelope]

Why is it that people get so upset about a CEO salary but care less about what some of these professional athletes are earning per year? Personally, I think people are being hypocrites!

K-Rod is about to get $37 million...people need to be just as upset as this as the pay for fred...fanny...GM....why do we have double standards?

what does it cost to attend a baseball game today? where do most teams earn income from tickets or TV? with the drop in advertising, can baseball afford to pay these salaries? (and its all sports in general)

has anyone watched MTV cribs? when you see how some of these people live...does anyone have issues ripping a CD instead of paying for it?

When I see someone dumping a bottle of Crystal on the floor….why should I give them $15.95 for his or her CD?

just something to think about!

happy hump day!

I went to one women's NBA game. Other than that I don't give my money to the sports business.

 

[DeeZire]

...has anyone watched MTV cribs? when you see how some of these people live...does anyone have issues ripping a CD instead of paying for it?

When I see someone dumping a bottle of Crystal on the floor….why should I give them $15.95 for his or her CD?

If you're selective about who's music you steal, you could justify the theft on moral grounds, I suppose. The thing is, it's still theft - the same as going into a record store and shoving a CD down your pants. (The term 'record store' is a reference from the old days, since music piracy has managed to put most record stores out of business.)

The problem with music piracy is the unintended consequences - songwriters, who are authors of music and lyrics, end up not getting paid for their work. Many songwriters depend on royalty payments as their primary source of income. Music piracy has caused a 30% drop in royalty payments (conservative estimate) causing songwriters to cut their household budgets accordingly. How would you feel if someone at the bank took 30% of your paycheck every week and there was nothing you could do about it?

Every couple of weeks I see a new thread around here complaining about someone's story getting ripped off and posted on another website. You can't complain about copyright infringement for stories and then turn around and steal music. Well actually, you can, but it makes you (not you personally, but 'you' collectively) a hypocrite with no morals - equal to the very CEOs and sports celebrities you're complaining about.

*Steps down from soapbox but points to link to 'Limewire Girl' below.*

 

[Liar]

The thing is, it's still theft - the same as going into a record store and shoving a CD down your pants.

Except it's not.

Doesn't mean it's not a crime. It is. Or that's it's better or worse than theft. But it's just not that crime.

 

[jeninflorida]

I get most of my music though iTunes. My point was when you look at how some of these people live...it is easy to see how people rip off music. I think MTV Cribs was the worse idea ever for the music industsry and that is part of the reason of this backlash. When Meticalla was crying about lost money, yet these guys had 20 million in the bank each (just guessing)....it is so easy to see why a 17 year old would go to napstar and download for free.

I don't think it right

If you're selective about who's music you steal, you could justify the theft on moral grounds, I suppose. The thing is, it's still theft - the same as going into a record store and shoving a CD down your pants. (The term 'record store' is a reference from the old days, since music piracy has managed to put most record stores out of business.)

The problem with music piracy is the unintended consequences - songwriters, who are authors of music and lyrics, end up not getting paid for their work. Many songwriters depend on royalty payments as their primary source of income. Music piracy has caused a 30% drop in royalty payments (conservative estimate) causing songwriters to cut their household budgets accordingly. How would you feel if someone at the bank took 30% of your paycheck every week and there was nothing you could do about it?

Every couple of weeks I see a new thread around here complaining about someone's story getting ripped off and posted on another website. You can't complain about copyright infringement for stories and then turn around and steal music. Well actually, you can, but it makes you (not you personally, but 'you' collectively) a hypocrite with no morals - equal to the very CEOs and sports celebrities you're complaining about.

*Steps down from soapbox but points to link to 'Limewire Girl' below.*

 

[TheeGoatPig]

Also, most of the bands that I listen to barely have any money. Some of the bands that I listen to still have day jobs to pay for their lives when they aren't touring.

But I listen to a lot of underground garbage

 

[jeninflorida]

the industry has fallen apart, and has been for some time. sales are down and one can't live the "rock and roll" life style while support 200 on staff. Mc Hammer was the first to learn this. gone are the days of big contacts as the industry wants the next big hit and turns though people

Also, most of the bands that I listen to barely have any money. Some of the bands that I listen to still have day jobs to pay for their lives when they aren't touring.

But I listen to a lot of underground garbage